Capital Allocation for Cultural Pursuits in Web3

[quaylawn]

@Viriya

Grants funding for the arts: I have a background in arts and music and know that funding is hard to come by even in the world beyond web3. One thing I love about Gitcoin’s new framework for Gitcoin Grants is that ANY community can come together, apply for funding and spin up a round to fund what matters to them We created this structure for folks like you who want to shift systems and need funding to do it

We have not yet experimented too much with grants centred around events (beyond the Istanbul experiment) and it’s an interesting idea. I think it’s worth double-clicking on the evolving purpose of Schelling Point (SP) that would be interesting to hear community feedback on.

In response to this I might add an addendum to my initial post, as it was pointed out to me by @polarpunklabs that it’s not 100% clear what the next step could be. I think testing out these ideas at ETHDublin is relatively low risk. We could post a bounty that encourages the use of EasyRetroPGF to fund initiatives like the Open Source Orchestra.

That way we could experiment with Izzy’s suggestions

@Decentralizedceo

• This initiative can give measurable signals of top contributors.
• The various products that Gitcoin ships can be utilized in various fields. With the entertainment field, products like the Grants Stack, could be utilized to identify promising talent that could receive more opportunities. Mixed with the new product gofundop creators could get enough to sustain their work prior to their release. these are the two examples of possible use cases in the creator economy.
• How about supporting OSS platforms or projects that utilize Gitcoin within their resource allocation model?

This would also help us affirm Gitcoin’s positioning at the epicentre of capital allocation in Ireland

Longer term, I’d like to see Allo integrated into solutions for developing physical public goods in Dublin. Counterintuitively, culture is heavily neglected by the City Council here.

My hope is that the results at ETHDublin in May could inspire conversations at EthCC in July, and extend to planning events like the phygital arts and science festival @robioreefeco mentioned.